Ratios

Valuation & Return

Business Description

American Metal & Technology, Inc. formally Murray United Development Corporation was incorporated on October 13, 1987 under the laws of the State of Delaware. On June 1, 2007, the company changed its name from Murray United Development Corporation to American Metal & Technology, Inc. The Company through its wholly owned subsidiaries engages in the development, manufacture and sales of precision casting, machining, mold design and manufacturing in the People's Republic of China. The Company manufactures investment casting and machined products, including valves, pipe fittings, regulators, dispensers, machinery spare parts, marine hardware, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts based upon blueprints supplied to The Company by its customers. It uses a range of ferrous and non-ferrous materials such as stainless steel, carbon steel, low alloy steel and aluminum. The Company manufactures its products through a process called Investment Casting Process, also called the lost wax process, and through a process called CNC Machining Process. Investment casting is regarded as a precision casting process to fabricate near-net-shaped metal parts that could readily be put into its final form. The investment process is performed from a range of metal alloys such as stainless steels, carbon alloy steels, tool alloys, monel alloys, hastelly c alloys, nickel base alloys, cobalt base alloys, aluminum alloys and brass alloys. CNC stands for computer numerical control. CNC Machining is the process by which material is removed from a work-piece with Computer Numerical Control equipment that cuts away unwanted material. The CNC Machining Process is a versatile system that allows it to control the motion of tools and parts through computer programs that use numeric data. Machining is possible on virtually any material. The metal casting industry is competitive in China. The Company's domestic competitor is Beijing Hithertop Precision Casting Co., Ltd. The Company's foreign competitor is Timken Company a U.S based Corporation. It also competes with other beverage equipment dispensing companies worldwide. China adopted its Environmental Protection Law in 1989, and the State Council and the State Environmental Protection Agency promulgate regulations as required from time to time.

Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC.
Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.